After bulugan lands sold Rm550 millions cash will be used to pare down debt thus leaving only a mere loan of Rm280 millions.
Since Tsh has a cash balance of Rm250 millions the real debt is only a minimal Rm30 millions
Just one qtr profit of more than Rm57 millions cash. So very soon Tsh will be debt free like Innoplant
2. Tsh might turn into a good dividend palm oil co.
If Tsh follows Innoplant (managed by Tsh for illSabah Govt) And give out 6% dividend from profit
It will be 16.6 sen (annualised) x . 6 Or 9.96 sen At Rm1. 08 the yield is 9.2 sen
Tsh has an excellent Roic.
3. Tsh deep value assets in kutai/Nusantara
The wind of fortune has blown in the direction of Tsh's 94,700 acres lands in Kutai. Now Nusantara as Indonesia is shifting its admin capital there
At only 13 sen psf cost or Rm5k and acre the potential rise of value will be immense So Tsh is both a dividend and an asset rich company
These triple potential of Tsh makes it an ideal long term holding stock for a long and everincreasing bright future with its outstanding exterprize quality of immediate dividends (potential) and future unlocking of value
Note: this is an open secret and insider directors have been buying and adding positions in Tsh like never before
sell one lemon Yinson at Rm4.88 can buy 2 diamond Ijmplant at Rm2.44.Ijm plant giving 10 sen dividend while Yinson only 2 cent pittance dividend.Ijmplant with Cpo price over Rm4000 a ton now full of Cash